Amazon Prime Day 2016: Big Sales, Lots of Confusing Deals. Why Amazon Prime Is Pretty Much Already Unstoppable | MONEY. Amazon to take on Tesco and Sainsbury's by entering grocery market. Amazon sign 10-year lease on a warehouse previously used by TescoRenewed speculation firm will launch Amazon Fresh food service in UKWould challenge rest of UK grocery market locked in a supermarket warAmazon grocery service already available in parts of US after 2007 launch By Thomas Burrows for MailOnline Published: 19:37 GMT, 10 August 2015 | Updated: 20:43 GMT, 10 August 2015 Online shopping giant Amazon is gearing up to enter the UK grocery market by taking over the lease on a warehouse previously used by Tesco.
The Seattle-based firm, which employs more than 7,000 staff in the UK, has signed a 10-year lease on the former 300,000-plus ft Tesco warehouse in Surrey. This has renewed speculation the firm will launch its Amazon Fresh food operation in the UK, as the distribution centre is ideally located to deliver fresh food to London shoppers. It has reportedly secured the rent on two more warehouses in Leicestershire and Staffordshire, which are also suitable to handle fresh food.
Amazon 'to occupy closed London Underground ticket offices' By This Is Money Reporter Published: 10:51 GMT, 22 November 2013 | Updated: 12:56 GMT, 22 November 2013 Tube travellers might not be able to get tickets from London Underground ticket offices for much longer - but they could be able to pick up books, gadgets and other online shopping. A report today claims Amazon is in talks with LU to occupy ticket offices that will close as part of the Tube's plan to go 24 hours.
The FT.com website claimed that, 'Transport for London said it was talking to Amazon... about converting its ticket offices to “drop-off” points for its goods.' From out of town to underground: Amazon could offer a collection service from Tube stations if reports are correct. But Graeme Craig, Director of Commercial Development at TfL said, 'As part of our broader commercial development, we are working with retailers to transform the services on offer for our customers.
On the last point, the Rail Maritime and Transport union raised the threat of industrial action. Jeff Bezos and the Age of Amazon: Excerpt From ‘The Everything Store’ by Brad Stone. Behind this week’s cover Amazon.com rivals Wal-Mart as a store, Apple as a device maker, and IBM as a data services provider. It will rake in about $75 billion this year.
For his book, Bloomberg Businessweek’s Brad Stone spoke to hundreds of current and former friends of founder Jeff Bezos. In the process, he discovered the poignant story of how Amazon became the Everything Store. Within Amazon.com (AMZN) there’s a certain type of e-mail that elicits waves of panic. When Amazon employees get a Bezos question mark e-mail, they react as though they’ve discovered a ticking bomb. One of the more memorable escalations occurred in late 2010. At Amazon’s Seattle headquarters, Jeff Wilke, the senior vice president for North American retail, Doug Herrington, the vice president for consumables, and Steven Shure, the vice president for worldwide marketing, waited in a conference room until Bezos glided in briskly.
An animated argument followed. Eventually, they compromised. How to dodge Amazon's delivery charge hikes? Just add a bargain basement book to your order. Amazon now requires customers to spend a minimum of £10 on some items in order to qualify for free deliveryBut books, DVDs, CDs and video games are exempt from the new rules Therefore savvy shoppers are adding bargain basement books and CDs to their baskets to exploit a loophole and get free delivery againConsumers are sharing knowledge of cheap mainstream products and venting their frustration on money saving websites By Sarah Griffiths Published: 14:10 GMT, 30 July 2013 | Updated: 14:43 GMT, 30 July 2013 Enlarge Savvy shoppers are adding niche books and old CDs to their orders to beat Amazon's delivery price hikes Savvy shoppers have found a novel way to beat Amazon's delivery price hikes - by adding bargain basement books and unfashionable CDs to their order.
The online retailer now requires customers to spend a minimum of £10 on some items in order to qualify for free delivery, but any order with a book still qualifies for free postage regardless of the price. Careers at Amazon: Why It's So Hard to Climb Jeff Bezos's Corporate Ladder. Inside the Internet juggernaut Amazon.com (AMZN), there’s near constant pressure to perform. In dozens of interviews ranging over two years for my book, The Everything Store: Jeff Bezos and the Age of Amazon, employees often sounded exhilarated as they boasted that they have never before exerted a more direct influence on products and customers. Just as frequently, they sounded frustrated and overwhelmed, beset by what they described as an adversarial culture and a grinding pace of work.
Amazon declined to comment on its internal workings for the book or the excerpt appearing in Bloomberg Businessweek. But in my interviews with rank and file employees, one common complaint I heard is that positive feedback from superiors is rare and promotions even rarer. This, it turns out, is probably by design. “OLRs give us the opportunity to identify our future leaders and prepare them for their next challenging role,” it reads. The discussions can get heated. •Directors are level 8. Play.com to shut down retail business. Play.com is to close down its own retail business and operate solely as a marketplace for other firmsJersey-based firm blaming the end of a tax loophole allowing cheap items to be sold to the UK VAT free from the Channel IslandsMore than 200 staff will be made redundant from Play.com's Jersey base and offices in Cambridge and Bristol By Tara Evans Published: 13:08 GMT, 9 January 2013 | Updated: 20:17 GMT, 9 January 2013 Online retailer Play.com is to shut down its retail business and become solely a marketplace for other retailers from March.
The Jersey based company blamed the end of the Value Consignment Relief (LVCR) loophole which allowed items under £15 to be sold to the UK VAT free from the Channel Islands. The move means it will no longer sell items directly to customers, instead it will allow other firms to sell goods via its marketplace which it launched in October last year. End of the road: Play.com is shutting down its retail business and will only exist as an online marketplace. Groupon earnings report: The daily deals site’s crummy business model is finally dead. Hooray! A year ago, Rakesh Agrawal, an analyst and journalist who spent many years working in the local advertising business, wrote a series of devastating articles about Groupon.
At the time, the digital coupon firm was regarded as one of the most brilliant Internet advertising companies to come along since Google. In fact, Groupon was so hot that Google itself offered $6 billion to buy it—but Groupon decided it didn’t want the search company’s billions and instead prepared to raise many billions more in a stock offering. Now, just before the IPO, Agrawal was calling Groupon’s entire business model into question. Farhad Manjoo is a technology columnist for the Wall Street Journal and the author of True Enough. Follow “Groupon is not an Internet marketing business so much as it is the equivalent of a loan sharking business,” Agrawal wrote, and the critique got more scathing from there. Why would any right-thinking business owner take this lopsided deal? This might sound harsh. Amazon same-day delivery: How the e-commerce giant will destroy local retail. Photograph by Jens-Ulrich Koch/AFP/Getty Images.
Amazon has long enjoyed an unbeatable price advantage over its physical rivals. When I buy a $1,000 laptop from Wal-Mart, the company is required to collect local sales tax from me, so I pay almost $1,100 at checkout. In most states, Amazon is exempt from that rule. According to a 1992 Supreme Court ruling, only firms with a physical presence in a state are required to collect taxes from residents. Technically, when I buy a $1,000 laptop from Amazon, I’m supposed to pay a $100 “use tax” when I file my annual return with my home state of California. But nobody does that.
In response to pressure from local businesses, many states have passed laws that aim to force Amazon to collect sales taxes (the laws do so by broadening what it means for a company to have a physical presence in the state). But suddenly, Amazon has stopped fighting the sales-tax war. Why would Amazon give up its precious tax advantage? But now Amazon has a new game.